This resolution approves a contract between the owners of 530 Jackson Street and the city to preserve the historical property. It allows city officials to finalize and record the agreement.
Resolution approving a historical property contract between SFCA Real Estate Holdings LLC, the owners of 530 Jackson Street, and the City and County of San Francisco, under Administrative Code, Chapter 71; and authorizing the Planning Director and the Assessor-Recorder to execute and record the historical property contract.
How it got here
The legislation originated from a Mills Act application submitted by SFCA Real Estate Holdings LLC for the property at 530 Jackson Street, aimed at facilitating its rehabilitation and maintenance through property tax reductions.
The owners submitted a Mills Act application detailing rehabilitation work and a maintenance plan for 530 Jackson Street.
The Historic Preservation Commission held a public hearing and unanimously recommended approval of the Mills Act Historical Property Contract for 530 Jackson Street.
The Assessor-Recorder provided a report estimating property tax calculations under the Mills Act for 530 Jackson Street, which was submitted to the Board of Supervisors.
The Government Audit and Oversight Committee recommended the approval of the Mills Act Historical Property Contract for 530 Jackson Street.
The Board of Supervisors adopted the resolution approving the historical property contract between SFCA Real Estate Holdings LLC and the City.
Reconstructed from attached documents & the official record
